losses

Romanian Cucumber Producers To Be Reimbursed Up To EUR247,200

17:20, 06 Iun. 2011
Romanian cucumber producers will receive up to EUR247,200 as partial reimbursement for their losses of around EUR9 million, Agriculture Minister Valeriu Tabara said Monday.

Romania Asks EC For Solutions To Reimburse Local Cucumber Producers

17:49, 04 Iun. 2011
Romania’s Agriculture Ministry has asked the European Commission for solutions to reimburse local cucumber producers following a halt in exports to the Czech Republic and Germany due to an E.coli epidemic reported in Germany.

Romanian Banks’ 9-Mo Losses At RON474.5M

13:37, 31 Oct. 2010
Romanian banking system losses increased by 240.5 million lei (EUR1=RON4.2664) in the third quarter of the year, to RON474.5 million at the end of September, but most major banks reported profit.

Many Hotels In Romania Could Be Closed In 2011; Owners Unable To Sustain Loss-Making Businesses

16:55, 19 Sept. 2010
Many hotels in Romania might be closed in 2011 because hotel owners no longer have financial resources to sustain loss-making businesses, Tinu Sebesanu, manager of consulting company Trend Hospitality, told MEDIAFAX.

Romania’s Pvt Pensions Contributors Stand To Lose EUR1B By 2017 – Assoc

13:35, 28 Mai 2010
Romanian mandatory private pension contributors have lost EUR200 million since 2009 and will lose EUR1 billion by 2017 because the country has not adhered to the Pillar II contribution increase schedule, says a press release issued Friday by the Romanian Pension Funds' Association, or APAPR.

Romania’s Govt To Reorganize State-Owned Cos, Self-Governing Institutions

14:36, 11 Sept. 2009
Romania’s Government will reorganize, merge or disband state-owned companies and self-governing state bodies, as it did with government agencies, to cut their losses estimated at RON4.8 billion (1EUR=RON4.2552) at the end of 2008.

Romanian Distrigaz Sud, E.ON Gaz 1Q Loss Total RON180M, On Keeping Gas Price Unchanged

19:16, 31 Mart. 2009
Romanian gas providers Distrigaz Sud and E.ON Gaz Romania stated Tuesday they registered total losses of 180 million lei (EUR1=RON4.2348) in the first quarter, on the country’s Energy Watchdog ANRE postponing the decision to enforce new gas prices as of January 1.

E.ON Gaz Romania Posts RON38M Loss In 1Q, On Energy Watchdog Price Hike Deferring

18:10, 31 Mart. 2009
Gas provider E.ON Gaz Romania, the local unit of Germany's E.ON AG (EON), registered losses worth of 38 million lei (EUR1=RON4.2348) in the first quarter, on the country’s Energy Watchdog ANRE postponing the decision to enforce the new gas prices as of January 1, the company said Tuesday.

Romania’s Proprietatea Fund Switches To A RON3.4B Loss In ’08

11:37, 27 Feb. 2009
Romania's Proprietatea Fund reported a 3.43 billion lei (EUR1=RON4.2891) net loss in 2008, compared with a net profit of RON313.1 million in 2007, due to write-downs of its financial assets, according to the company's preliminary results.

Piracy In Romania Led To $95M Losses – Report

13:21, 13 Feb. 2008
Piracy continued to be a serious problem for Romania in 2007 with losses that rose to $95 million, up 26% against 2006, with the problems of Internet piracy growing to become the most serious threat to the industry, according to a report issued by the International Intellectual Property Alliance.